Modified Endowment Contracts’ Role in Estate, Post-Retirement Planning
Don’t dismiss modified endowment contracts (MECs), despite their tax consequences, for the role they can play in estate and post-retirement health care planning.
The Taxation of Life Insurance Policy Loans
The Tax Facts experts sift through the complexities of loans on life insurance polices.
Taxes and Life Insurance: Accelerated Death Benefits
Tax Facts experts answer questions about income tax treatment of an accelerated death benefit payment from a life insurance contract.
Annuities and Taxes, Pt. 3: Fixed Annuity Payments & Beneficiary Payments
The Tax Facts Online experts help explain taxation of fixed annuities and payments to beneficiaries.
10 Ways to Boost Your Referrals
One of the first places advisors should look for referrals is their existing client base.
In Medicaid Planning, Don’t Surrender Life Insurance—Trade It for LTC Instead
Your clients who are nearing retirement age might often wonder why they bother maintaining the life insurance policies they’ve funded for years. But under some recent state proposals, owning a life insurance policy can actually help clients in LTC planning.
The Life Insurance Fiscal Cliff: No Tax Preference Is Safe
The potential elimination of many tax preferences currently afforded life insurance is one facet of today’s fiscal cliff discussions that is often overlooked. In today’s political environment, no tax preference is safe.
Critical Illness Riders: Life Insurance Protection for the Living
A new twist on the traditional life insurance policy that protects against expenses incurred because of critical illnesses is attracting clients’ interest once again.
Viewing Life Insurance as an Asset Class
There are ways to look at coverage that can give advisors and clients further insights into their portfolio allocations and insurance-buying decisions, experts say.
Whole Life Policies: Tapping Cash Value as Alternative to Equity Investing
Whole life insurance has taken the spotlight as investors seek secure alternatives to rocky equity markets. An advisor’s guidance can be critical in determining whether a whole life policy is a smart investment for any given client.